U.K. elections could mean a big tax bill for private equity

  • 📰 axios
  • ⏱ Reading Time:
  • 9 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Taxes News

Venture Capital,Private Equity

Labour Party leaders have pledged to eliminate the favorable tax treatment of carried interest.

expected to barbecueLabour Party leaders have pledged to eliminate the favorable tax treatment of carried interest, thus raising the figure to 45% from 28%.

In short, they argue that carried interest is a fee for service rather than a capital gain, since the PE executives themselves don't put money at risk

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in LOANS

Loans Loans Latest News, Loans Loans Headlines